Mortgage Loan News

NEW YORK – Some small businesses forced to turn to online lenders for pandemic relief are making these niche players a bigger part of their financial game plan and are even considering getting rid of their traditional banks altogether. Loans from online lenders have saved thousands of small business owners who were unable to obtain …

WESTLAKE VILLAGE, CA – (BUSINESS WIRE) – PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Renee R. Schultz, a Fannie Mae veteran and an accomplished mortgage industry leader, has joined its board of directors. “We are delighted to bring Renee’s wide range of expertise to the PMT Board of Directors, ”said Chief Executive Officer …

Current mortgage and refinancing rates Average mortgage rates edged down yesterday. This is always good news. But that seems to have more to do with a drift without direction than an improvement in outlook. However, first thing, mortgage rates seemed likely to fall slightly again. Find and lock a great rate (May 25, 2021) Current …

Compass Real Estate is the listing company for this home on Cabin Circle in Vail.Real Estate Compass / Daily Special We’ve been hearing for some time that inventory is tight in the Eagle County real estate market. But the local market continues to break records. How is it going? The market in the first four …

Just over a month after the start of this pandemic, millions of Americans were either losing their jobs or going from full-time to part-time, underemployed, unemployed and increasingly… self-employed. With housing costs being the highest fixed expense for most US households, mortgage and rent payments started to get more difficult or went unpaid. The United …

According to a report by Keefe, Bruyette & Woods, the quarterly increase in mortgage loan mix at eight banks has exceeded expectations for the entire industry, suggesting that this segment is regaining market share. Eight banks followed by KBW (Wells Fargo, JP Morgan Chase, US Bancorp, Bank of America, Troist Bank, First Republic Bank, Citigroup …

community Bank NA GAZDICK NA Community Bank Christopher Gazdick has been hired as a branch manager for the Wilkes-Barre location at 64 N. Franklin St. In his new role, he is responsible for managing the day-to-day operations of the branch while providing excellent customer service. Gazdick manages a team responsible for mortgages, mortgages, small business …

You don’t have to accept that closing costs are going to cost a fortune. Closing costs can be very high when buying a home. In fact, according to research from The Ascent, you will typically pay 2% to 5% of the mortgage amount in closing costs. And in 2020, the average closing costs were actually …

The Office of Consumer Financial Protection draws a line in the sand for the mortgage services industry with new direction and proposed revisions to its mortgage loan management rules. The CFPB expects the impending expiration of federal foreclosure and forbearance protections for mortgage creditors will increase the risk of harm to borrowers and produce a …

ORLANDO, Florida, May 21, 2021 / PRNewswire / – Motto Mortgage, an innovative mortgage brokerage franchise focused on transparency and compliance, has a new office in Florida. Motto Mortgage Tailored Solutions is now open in Orlando and serving all Sunshine State markets. Established by a real estate expert Gabriel L. Gonzalez Ramos, Motto Mortgage Tailored …